SOURCE: Calisolar Inc.

Calisolar Inc.

April 06, 2010 10:19 ET

Governor Schwarzenegger Attends Ribbon Cutting at Calisolar's Sunnyvale Manufacturing Facility

Solar Cell Factory Will Increase Capacity and Create Over 100 New Green Jobs in California

SUNNYVALE, CA--(Marketwire - April 6, 2010) - Calisolar, a supplier of solar cells, the critical component in solar panels that converts sunlight into electricity, is ramping up commercial shipments to U.S. and international customers. With support of national, local and state programs, such as the recently passed SB 71, the company expects to expand the capacity of its Sunnyvale facility from 60MW up to 200MW. This action will create over 100 new jobs while helping to reduce pollution caused by the use of fossil fuels.

"I promised the people of California that jobs would be my number one priority this year, and in part because of my proposal to exempt green tech manufacturing equipment from the state sales tax, Calisolar will be creating jobs," said Governor Schwarzenegger. "Clean technology and companies such as Calisolar are the next wave of innovation that will bring California's economy roaring back. And with incentives such as the sales tax exemption, green companies have another reason to create high-wage jobs and produce clean, renewable energy for our homes and businesses right here in California."

Calisolar, a vertically integrated manufacturer in the solar industry, has leveraged its technological innovations and intellectual property to produce high-performance solar cells using silicon that costs a fraction of the material used in conventional solar cell manufacturing.

"The state's bold move in passing SB 71 has established California as a leader in supporting companies that are bringing low-cost technologies to reduce greenhouse gas emissions," said Calisolar CEO Roy Johnson. "Many believe it's not possible to be competitive manufacturing in Silicon Valley but with innovative technology and a level playing field created by this legislation, Calisolar is well positioned to effectively compete in a global market. Manufacturing locally will generate many new jobs in our supply chain and surrounding community and ensure that the industry's best talent stays in this area."

California Governor Arnold Schwarzenegger, local officials, invited guests, and company employees will celebrate the grand opening of Calisolar's manufacturing facilities in Sunnyvale, Calif., today at 11 a.m.

About Calisolar
Calisolar is a vertically integrated designer and manufacturer of high-performance solar cells. The company has manufacturing operations and headquarters in Sunnyvale, California; silicon purification operations at the company's wholly owned subsidiary 6N Silicon located in Ontario, Canada; and a state-of-the-art research and development center in Berlin, Germany. Calisolar was awarded a clean energy manufacturing tax credit as part of the American Recovery and Reinvestment Act. The privately held company is incorporated in the U.S. Its investors include Advanced Technology Ventures, Globespan Capital Partners, Good Energies, Hudson Clean Energy, Ventures West and Yaletown Ventures. More information is available at http://www.calisolar.com.

Contact Information

  • Media Contact:
    Bret Adams for Calisolar
    +1-408-962-3144
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